Injective Partners with Commonwealth for Unified Governance

Commonwealth and Injective Labs have come together for a joint project that will establish an omnipotent, all-encompassing administrative interface for the members of Injective. It will be an upgrade over the existing governance hub. The aim is to bring all major activities like presenting proposals, elections, and important discourses under one umbrella.

The recent administration portal will give users access to community discussion forums like those found on Discourse or Reddit. They can simultaneously cast their opinion on the shifts in the levels of the blockchain protocol. If the clients have an account on any of the platforms like MetaMask, Github, or even a simple email-id, they will be able to gain entry to the governance interface. The implication is that users now have the choice to create a personal profile for themselves as participants in discussions or continue with their anonymity. 

Injective had originally constructed its hub on Commonwealth, specifically for its own Injective Protocol, and was conjoined with the Injective Blockchain. , Commonwealth, a reputed community and administration platform, is the inherent cryptocurrency that has gained popularity among many Decentralized Finance projects, notable among them being Near Protocol. It amalgamates the Data Access Object functionalities of Telegram, Snapshot, and Discourse. Furthermore, it comprises specialized features native only to Injective-

  • Importing Discourse’s latest discussion information on Commonwealth on Injective for the users to get accustomed to the new platform seamlessly.
  • Discussions: The members of the Injective community will now be able to start or continue discussion threads like those on Reddit.
  • Live administration on-chain: All the governance actions will take place on the chain, via proposals and votes. 

Once the Injective administration hub is launched, it will open up new horizons in decentralized finance. It is completely decentralized and does not participate in governance polls to keep the opinions neutral.

David Cox

David is a finance graduate and crypto enthusiast. He projects his expertise in subjects like crypto and Blockchain while writing for CryptoNewsZ. Being from Finance background, he efficiently writes Price Analysis. Apart from writing, he actively nurtures hobbies like sports and movies.

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